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10 Paoli

Issuer Monte di Pietà, Roman Republic
Year 1798
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Currency Paolo (1725-1798)
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Obverse description Log in to see details
Obverse lettering REPUBLICA ROMANA
Pᵒ DIECI
MONTE DI PIETA
Libertà
Uguaglianza
Da pagarsi al Riportitore
Dalla Cassa de gl'Imprestiti
1798
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Protection description Two manuscript signatures of authorising officials at lower obverse; circular embossed or dry-stamp control marks at upper corners of both obverse and reverse as anti-counterfeiting authenticators
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Comments

The Roman Republic of 1798 was a French-backed revolutionary state that displaced Pius VI and lasted barely seventeen months. The Monte di Pietà — originally a charitable pawn institution founded in the fifteenth century — was pressed into service as an emergency issuing authority when the new regime needed a functioning monetary infrastructure almost immediately. These notes were issued under acute fiscal stress, not as part of any planned currency system.

Manuscript signatures and control stamps were the only anti-counterfeiting measures available at speed. The republic collapsed in September 1799 when Neapolitan forces entered Rome, rendering the entire emission worthless overnight.

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